PMB Technology to purchase Penang land for RM16 mil

KUALA LUMPUR (Oct 25): PMB Technology Bhd’s wholly-owned indirect unit Everlast Access Technologies Sdn Bhd (EATSB) has inked agreements with Fujisash (Malaysia) Sdn Bhd to acquire a piece of industrial land in Penang, along with the latter’s assets, for a total consideration of RM16 million.

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‘Developers are not making obscene profits’

PETALING JAYA (Oct 24): Contrary to popular belief, property developers in Malaysia are not making huge profits, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon (pictured).

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